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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
OPERATING ACTIVITIES:    
Net Income (Loss) $ 24,135 $ 5,822
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation and amortization 6,361 5,623
(Gain) Loss on disposal of property, plant and equipment 1 (36)
Provision for credit losses 90 81
Issuance of non-employee director shares 123 200
Stock-based compensation on nonvested restricted stock units 231 297
Deferred tax provision (44) 56
Changes in operating assets and liabilities:    
Accounts receivable (84,227) (37,708)
Inventories (9,407) (27,482)
Prepaid expenses (1,714) (1,716)
Other assets 198 34
Accounts payable 62,508 19,194
Accrued liabilities 4,655 808
Net cash flows from operating activities 2,910 (34,827)
INVESTING ACTIVITIES:    
Purchases of property, plant and equipment (6,610) (22,840)
Proceeds from sale of property, plant and equipment 239 8
Acquisition of business (17,802)  
Net cash flows from investing activities (24,173) (22,832)
FINANCING ACTIVITIES:    
Net borrowings under credit facility 15,000 40,000
Payments of cash dividends (4,119) (4,109)
Finance lease obligation payments   (11)
Net cash flows from financing activities 10,881 35,880
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND TEMPORARY INVESTMENTS 731 (1,424)
NET CHANGE IN CASH AND TEMPORARY INVESTMENTS (9,651) (23,203)
CASH AND TEMPORARY INVESTMENTS, beginning of period 40,153 54,332
CASH AND TEMPORARY INVESTMENTS, end of period 30,502 31,129
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Cash payments for interest 3,473 1,022
Cash payments for income taxes, net of refunds $ 8,268 $ 1,496